Shannon Lakes Ph 3
Homes for Sale in Kissimmee, FL
True comps, carrying-cost math, and listings before the portals.
Shannon Lakes Ph 3 is a small, tightly built pocket of 190 homes dating from 1996 to 2002, with a median build year of 1998. That narrow construction window means the housing stock reads as a cohesive generation of homes rather than a mixed-era patchwork, which keeps condition and layout comparisons fairly apples-to-apples when you're evaluating a purchase.
With roughly 68% of homes carrying a homestead exemption, this is a community where a solid majority of owners have settled in as a primary residence rather than treating units as rentals or seasonal property. No community amenities are identified from current MLS listings, so buyers should treat this as a straightforward residential subdivision rather than an amenity-driven purchase, and price any perceived lifestyle value accordingly.
Who Shannon Lakes Ph 3 is best for.
Best for
- Buyers looking for a home built in a consistent late-1990s to early-2000s window rather than a mixed-era street
- Owner-occupants planning to settle in long term, matching the community's high homestead share
- Buyers who want a mid-size single-family footprint near 1,996 square feet without paying for shared amenities
Probably not for
- Buyers who want a clubhouse, pool, or other resort-style community amenity included
- Investors seeking a community with a strong existing rental or seasonal-turnover pattern
- Buyers set on newer construction well outside the 1996-2002 build range
The market around Shannon Lakes Ph 3
Shannon Lakes Ph 3 is a small community — 41 recorded sales on file, most recently in 2026 — too few for its own price trend. Here is the market around it.
Across Osceola County, 4,370 homes are active and 1,137 pending (21% under contract).
Homes here are single family residence.
ZIP and county figures describe the wider market, not Shannon Lakes Ph 3 specifically. Momentum Research analysis of MLS records.
The Shannon Lakes Ph 3 buying strategy.
If we were buying in Shannon Lakes Ph 3 today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Shannon Lakes Ph 3.
A single-generation housing stock
Because every home in Shannon Lakes Ph 3 was built within a six-year span, the community avoids the wide condition spread you often see in older, larger Osceola subdivisions. A median living area just under 2,000 square feet suggests a fairly consistent floor plan scale across the neighborhood, which simplifies comparing one listing to the next.
The homestead share near 68% points to a base of long-term owner-occupancy, which tends to correlate with more consistent day-to-day upkeep than communities with heavier investor or seasonal turnover. There is no community amenity package identified from current listings, so this is a neighborhood to buy for the home and location, not for shared recreation or HOA-run facilities.
The location and the amenities are priced into every listing in Shannon Lakes Ph 3. The deal is won or lost on condition, the comps, and the renovation math.
Why work with Momentum here
In a community this size, with no amenity package to lean on, the difference between a good and a mediocre purchase comes down to reading the individual home and its construction-era details correctly. We track how homes in this specific 1996-2002 build window in Osceola County are actually presenting and pricing, so you're not guessing at what a given floor plan or lot is really worth here.
Shannon Lakes Ph 3 in 15 seconds.
HOA, CDD & Fees
- Mandatory HOA — confirm current dues
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Shannon Lakes Ph 3 buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Shannon Lakes Ph 3 sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Shannon Lakes Ph 3, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Shannon Lakes Ph 3 home worth?
Get a no-obligation home value based on real comparable sales in Shannon Lakes Ph 3, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Frequently Asked Questions
How many homes are in Shannon Lakes Ph 3?
What share of Shannon Lakes Ph 3 is owner-occupied?
When were the homes in Shannon Lakes Ph 3 built?
Who is the best real estate agent for Shannon Lakes Ph 3?
How do I find a top Kissimmee real estate agent who knows Shannon Lakes Ph 3?
Can Momentum Realty connect me with an agent for Shannon Lakes Ph 3?
Should you buy in Shannon Lakes Ph 3?
An honest fit check. We will tell you when it is not your community.
Data sources & freshness
| Housing stock & ownership | Florida DOR 2025 assessment roll (street-list match (3 streets, ZIP 34743)) |
| Under-contract shares | Stellar MLS records, as of 2026-07-12 |
| Historical depth | Closed-sale records back to 2013 (4 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.
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